Added to YB: 2026-05-29
Pitch date: 2026-05-26
KRKNF [neutral]
Kraken Robotics Inc.
-4.29%
current return
Author Info
No bio for this author
Company Info
Kraken Robotics Inc., a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for military and commercial applications.
Market Cap
CAD 2.5B
Pitch Price
CAD 8.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
125.77
P/E
-3.6K
EV/Sales
22.72
Sector
Electronic Equipment, Instruments and Components
Category
growth
Kraken Robotics $KRKNF: Arming the Underwater Drone War
KRKNF (overview): Subsea tech supplier (sonar, pressure-tolerant batteries, LiDAR) to AUV boom, servicing defense & blue economy. 62% gross margin, ~24% adj EBITDA margin, net cash. Rev guidance 7x 2021 levels. Stock C$1.60→C$8.50 (5.3x in 17mo). Acquiring Covelya for C$615M (closes Q2'26), quadruples rev to ~C$365M pro forma. Confirmed Anduril customer. Trading 12.5x fwd sales, 47x fwd EBITDA—priced for perfect execution. Bull: structural tailwind, spec'd-in products compound. Bear: rich valuation, integration risk, margin reversion, lumpy orders.
Read full article (8 min)